Amazon (And Others) Brace For India’s New eCommerce Tax
PYMNTS
FEBRUARY 10, 2020
The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. The impression may be that the tax amounts to a “papercut,” but it “could impact working capital of small businesses.”.
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